Germany would lose 5% of its GDP in the event of a Russian gas embargo
An immediate European embargo on natural gas imported from Russia could cost Germany up to 5% of its GDP this…
Acasă » General Interest » Economics&Markets »
Economics&Markets
Solutions for protecting critical infrastructure
Critical infrastructure is an essential element of everyday life, but also national security, and its damage in any form has…
USR demands that the revenues from the Offshore Law reach Pillar 2 of pensions
USR MPs will submit, during the debates on the draft offshore law, an amendment so that the money obtained by…
ANPC fined gas stations with over 6.7 mln. lei for incorrect commercial practices
The National Authority for Consumer Protection has fined by 6.720 million lei a number of 608 economic operators in the…
Foreign direct investment increased by almost 10% in the first two months of 2022
Foreign direct investment increased by 9.7% in the first two months of this year, to 926 million euro, compared to…
Buildings in the Forte Partners portfolio are 100% powered by green sources
Entirely powering the projects developed by Forte Partners with electricity from renewable sources adds to other sustainable features that the…
Popa: Energy prices have been passed on in foods, NBR tries to counterbalance the effects
Energy prices have been transmitted to food, while services have felt less shocked, being less energy intensive, but the NBR…
INS: Natural gas and fuel have become more expensive in the last year
Natural gas, fuels, potatoes and oil have become more expensive in the last year, while the only reduction has been…
World Bank estimates that Romania’s economy will grow modestly by 1.9% in 2022
Romania’s economy will grow modestly by 1.9% in 2022, as the risks from the Ukraine crisis are high, the World…
NBR decided to increase the key-interest rate at 3%, estimates a further rise in prices
The Board of the National Bank of Romania, having convened for the meeting of 5 April 2022, decided to increase…
Filip Thon: Consumers need to prepare for dramatic price increases
German consumers must prepare for dramatic price increases if the European Union bans Russian gas, E.ON Germany Utility Group CEO…
Germany could enter a severe recession, in the event of a halt of deliveries from Russia
Germany could face a severe recession if there is a halt to gas and oil supplies from Russia, Christian Sewing,…
Under the pressure of an anachronistic conflict
Against the background of an unstable macroeconomic context, Romania will most likely enter a technical recession or a period marked…
EY: More than 18 bln. euro, available through PNRR and the Modernization Fund
In the period 2022-2030, the European Union will allocate significant sums for investments in renewable energy production and storage capacities,…
Gentiloni: Romania’s economic growth will be negatively affected by the war in Ukraine
The effects of the war in Ukraine on the European economy cannot be quantified yet, but it is clear that…
Ukraine: IMF, EBRD and the World Bank are drawing attention to the “far-reaching” consequences for the world economy
Several international economic organizations, such as the European Bank for Reconstruction and Development, the International Monetary Fund and the World…
Purcărea, CFA Romania: Economic growth halves due to the conflict in Ukraine
Romania’s estimated economic growth for this year is of between 2% and 2.5%, compared to 4% three weeks ago, before…
Romania: EUR 907 mln. – EIB Group engagement in 2021
Last year the European Investment Bank Group provided EUR 907 million for new investments across Romania. The EIB Group’s engagement…
Suciu: Inflation has reached 8.5% in Romania, but it is a global phenomenon
Inflation rose in February 2022 in Romania as well, reaching 8.5%, but it is a general global phenomenon and the…
EU could sell bonds to fund Member States’ defense and energy spending
The European Union will present a plan this week that provides for the large-scale joint issuance of bonds to finance…
Fitch and Moody’s downgrade Russia’s rating by six steps to junk
Financial rating agencies Fitch and Moody’s downgraded Russia’s rating by six notches to “junk” (not recommended for investment), saying Western…
Western firms head for the exit in Russia as sanctions tighten
Energy giant BP, global bank HSBC and the world’s biggest aircraft leasing firm AerCap joined a growing list of companies…
Crude oil futures surged more than 6% to above $97 a barrel
Crude oil futures surged more than 6% to above $97 a barrel in the early trading on Monday in Asia…